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Fact Check: Joe Biden Incorrectly Claims He Has Not Spoken to Federal Reserve Chair Powell Since He Became President
President Joe Biden said in Sept. 19 remarks that he hasn’t spoken with Federal Reserve Chairman Jerome Powell since he became president.
Verdict: False
This statement is inaccurate. Biden met with Powell in May 2022, over a year into his presidency.
Fact Check:
Biden said that the recent Federal Reserve rate cut signifies that inflation in America is lowering in remarks made on Thursday at the Economic Club of Washington, D.C., according to ABC News. He added...